Free Trading + Demat Account

Progressive Vs Sykes Ray Demat Account Comparison

The side-by-side comparison of Progressive and Sykes Ray Demat Account. Compare Progressive Vs Sykes Ray Demat account charges, AMC and Fees. Read Sykes Ray and Progressive demat account review.

Find out Progressive Vs Sykes Ray which is better demat account and Progressive Vs Sykes Ray which is best demat account.

Our Progressive Share Brokers Private Limited demat account comparison with Sykes & Ray Equities (India) Limited highlights the major differences between two brokers. Find the best demat between Progressive and Sykes Ray.

Progressive Vs Sykes Ray

  Progressive Sykes Ray
About the Broker

Sykes & Ray Equities (I) Ltd. is also a member of BSE & NSE and serving retail clients in Capital Market since last 25 years.

DP ID 12033900 12018600
Contact Info

122-123-124 Laxmi Plaza Laxmi Industrial Estate New Link Road, Andheri West Mumbai Maharashtra India-400053

3Rd Flr, Plot 24/26, Cama Building, Dalal Street Bse, Fort Mumbai Maharashtra India-400001

Services Offered

Financial Planning, Broking, Research, Online Internet Trading, DP Services

Demat Account Enquiry Request Callback Request Callback

Progressive Vs Sykes Ray Demat Account Opening Charges

  Progressive Sykes Ray
Demat Account Opening Fee

Nil

Actual cost of stamp paper and charges of K.R.A.

Demat Account AMC

1) Rs 250 Annually

2. Rs 1000 Non-Refundable one time charges.

3. Rs 2000 Refundable Deposit Lock in period 1 year.

Rs 295 p.a. for individual. Plus actual CDSL charge for Corporate a/

C.

Advance Deposit

Nil

Nil

Progressive Vs Sykes Ray Demat Charges

  Progressive Sykes Ray
Dematerialisation Charges

Rs 10 per certificates plus Rs 50 for postage.

Rs 50 plus Rs 50 upto 10 certificate and thenafter Rs 5 per certificate.

Rematerialisation Charges

Rs .15 Per Certificate or Rs 15 for every 100 securities or 0.03% of securities value whichever is higher

0.02% of value, Minimum Rs 40 per certificate. Plus actual CDSL charge for remat confirmation.

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

0.03% subject to Minimum Rs 15 per ISIN (for non poa client ) & (for poa client other than progressive pay-in) BSDA client 0.03% subject to minimum Rs 50 per isin Flat Rs 10 per ISIN ( Only Poa client for pay-in with in progressive)

(a) 0.04%of value of OnMkt or Early Payin transaction (Minimum Rs 24 ) executed under PoA to SREIL (broker)and (b) 0.05% of value of trx. or Min. Rs 48 for any other debit transaction executed on DIS.

Pledge Creation Charges

Rs 25 per Instruction or 0.3% whichever is higher

0.02% Minimum Rs 50 per pledge trx.

Pledge Creation Confirmation Charges

Rs 25 per Instruction or 0.3% whichever is higher

Nil

Pledge Invocation Charges

Rs 25 per Instruction or 0.3% whichever is higher

0.02% Minimum Rs 50

Failed Instruction Charges

Nil

Nil

Other Charges

BSDA Client Account Maintenance Holding value 200000= Rs 250

Contact DP / Request A Call Back

  Progressive Sykes Ray
Contact Broker
  Progressive Sykes Ray
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